Worker Representation on U.S. Corporate Boards
32 Pages Posted: 7 Nov 2019
Date Written: October 28, 2019
This article argues that workers should have representation on corporate boards of directors and explores the policy choices available in the U.S. context achieve the goal of worker representation. Effectively implementing such a reform requires consideration of key issues, including: how many directors should represent employees; how they should be chosen and who counts as a worker when the choice is made; how they should meaningfully represent workers, and what information the board owes the workforce; how these choices are different in a unionized or non-union context; and the relationship between a worker’s role as director and employee, in terms of pay, time, and protection from repercussions at work.
Keywords: Corporate governance; worker representation on boards; stakeholders; boards of directors
JEL Classification: G34; G38; B50; K22
Suggested Citation: Suggested Citation